Financing energy efficiency in private housing

Retrofitting the private housing stock: Is the Juncker Plan a solution?

The European Builders Confederation EBC and the International Union of Property Owners UIPI joined forces to organise a series of roundtables about “Financing energy efficiency in private housing”.

The first seminar focused on the European Fund for Strategic Investments (EFSI). The purpose of the event was to grasp how the Investment Plan could be used to boost private investment in “small scale energy efficiency renovation”.

Patrick Liébus, President of the European Builders Confederation EBC, said: “Any new way to finance energy retrofitting of buildings is welcome. The Juncker Plan is not the silver bullet, but today’s seminar demonstrated a possible way forward to finance energy efficiency. The Picardie Pass Renovation project shows an approach to using the Investment Plan, which is good for both owners and SMEs. Through the aggregation of companies, it boosts local businesses and promotes the upskilling of jobs.”

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Construction SMEs and private property owners are fundamental elements of the vastly untapped potential to boost investment at the micro-economic level and at the same time to fulfil the EU requirements in terms of energy efficiency.